Pi (PI) Price Prediction For May 19: Will Buyers Break Above $0.78 Resistance?
The Pi Coin price today is hovering around $0.742, consolidating after a short-term rebound from the $0.68 low. While the broader trend remains in recovery mode after last week’s steep decline from above $1.40, bulls are currently testing the confluence of moving averages and short-term resistance levels, suggesting a make-or-break moment for Pi Coin price action in the coming sessions.
What’s Happening With Pi Coin’s Price?
After a parabolic surge that took the Pi Coin price from $0.30 to over $1.60 in less than a week, the asset witnessed a sharp retracement, losing over 50% of its gains and revisiting the $0.65–$0.70 accumulation zone. However, buyers have started to regroup near this demand region, evident from the 4-hour candles forming higher lows over the past 24 hours.
Pi Network price dynamics (Source: TradingView)
Pi is currently capped by the 20-EMA and lower Bollinger Band on the 4-hour chart, both aligned near $0.78. A clean break above this zone could trigger fresh upside toward the $0.85–$0.90 supply region. Until then, the short-term trend remains fragile, with resistance keeping Pi Coin price spikes in check.
MACD And RSI Flash…
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Pi (PI) Price Prediction For May 19: Will Buyers Break Above $0.78 Resistance?
The Pi Coin price today is hovering around $0.742, consolidating after a short-term rebound from the $0.68 low. While the broader trend remains in recovery mode after last week’s steep decline from above $1.40, bulls are currently testing the confluence of moving averages and short-term resistance levels, suggesting a make-or-break moment for Pi Coin price action in the coming sessions.
What’s Happening With Pi Coin’s Price?
After a parabolic surge that took the Pi Coin price from $0.30 to over $1.60 in less than a week, the asset witnessed a sharp retracement, losing over 50% of its gains and revisiting the $0.65–$0.70 accumulation zone. However, buyers have started to regroup near this demand region, evident from the 4-hour candles forming higher lows over the past 24 hours.
Pi Network price dynamics (Source: TradingView)
Pi is currently capped by the 20-EMA and lower Bollinger Band on the 4-hour chart, both aligned near $0.78. A clean break above this zone could trigger fresh upside toward the $0.85–$0.90 supply region. Until then, the short-term trend remains fragile, with resistance keeping Pi Coin price spikes in check.
MACD And RSI Flash…
The post Pi (PI) Price Prediction For May 19: Will Buyers Break Above $0.78 Resistance? appeared first on Coin Edition.
Читать больше
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